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India's GDP Growth Forecast for Financial Year 2016-17


ICRA (Investment Information and Credit Rating Agency, HQ-Gurgaon, Delhi)— 7.7%

BMI(Business Monitor International, HQ-London)— 7.2%

Nomura(HQ-Tokyo, Japan)— 7.7% (7.8% earlier)

IMF(International Monetary Fund, HQ-Washington, D.C.)— 7.4% (7.5% earlier)

ADB(Asian Development Bank, HQ- Mandaluyong Manila, Philippines)— 7.4% (7.8% earlier)

RBI(Reserve Bank of India, HQ-Mumbai)
- 7.6% (2016-17)
- 7.8% (2017-18)

WB(World Bank, HQ-Washington, D.C.)
- (7.6% 2016-17)
- (7.7% 2017-18)
- (7.8% 2018-19)

UN(United Nation, HQ-New York, US)
- (7.3% 2016)
- (7.5% 2017)

FICCI (Federation of Indian Chambers of Commerce and Industry, HQ-New Delhi)— 7.7%

ASSOCHAM (Associated Chambers of Commerce and Industry of India, HQ-New Delhi)— 7.6%

Deutsche Bank (HQ-Frankfurt, Germany
- (7.5% 2016)
- (7.8% 2017)

OECD (Organization for Economic Co-operation and Development, HQ-Paris, France)— 7.5%

Moody (HQ-New York, US)— 7.5%Fitch (HQ- New York)
- (7.5% 2016)
- (7.7% 2017
- ( 7.9% 2018)

CRISIL (Credit Rating Information Services of India Limited, HQ-Mumbai)— 7.9%

CARE (Credit Analysis and Research Limited)— 7.5%-7.6%

HSBC (Hong Kong and Shanghai Banking Corporation, HQ-London)— 7.4%

NCAER (National Council of Applied Economic Research, HQ-New Delhi)— 7.7%

Finance Ministry of India—  8%

Standard Chartered (HQ-London, UK)— 7.4%

S&P(Standard & Poor's Financial Services LLC, HQ-New York, US)—  8%

CSO (Central Statistics Office, HQ-New Delhi)— 7.6%

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